Caterpillar's Revenue
- Caterpillar's annual revenue was $67.06B in fiscal year 2023. The annual revenue increased $7.63B from $59.43B (in 2022) to $67.06B (in 2023), representing a 12.84% year-over-year growth.
- Caterpillar's quarterly revenue was $16.11B in the quarter ending Sep 2024. The quarterly revenue decreased -$704.00M from $16.81B (in Q3: June 2023) to $16.11B (in Q3: June 2024), representing a -4.19% year-over-year decline.
- The highest annual revenue for Caterpillar was $67.06B in fiscal year 2023.
- The lowest annual revenue was $38.54B in fiscal year 2016.
- The average revenue was $50.97B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2015 - 2024):
Learn more about Caterpillar's Revenue by Segment and Revenue by Region.
Check out competitors to Caterpillar in a side-by-side comparison.
Explore additional financial metrics for Caterpillar.
Definition of Revenue :
| 2014 | 55184000000.00 |
|---|---|
| 2015 | 47011000000.00 |
| 2016 | 38537000000.00 |
| 2017 | 45462000000.00 |
| 2018 | 54722000000.00 |
| 2019 | 53800000000.00 |
| 2020 | 41748000000.00 |
| 2021 | 50971000000.00 |
| 2022 | 59427000000.00 |
| 2023 | 67060000000.00 |
| Mar 2015 | 12702000000.00 |
|---|---|
| Jun 2015 | 12317000000.00 |
| Sep 2015 | 10962000000.00 |
| Dec 2015 | 11030000000.00 |
| Mar 2016 | 9461000000.00 |
| Jun 2016 | 10342000000.00 |
| Sep 2016 | 9160000000.00 |
| Dec 2016 | 9574000000.00 |
| Mar 2017 | 9822000000.00 |
| Jun 2017 | 11331000000.00 |
| Sep 2017 | 11413000000.00 |
| Dec 2017 | 12896000000.00 |
| Mar 2018 | 12859000000.00 |
| Jun 2018 | 14011000000.00 |
| Sep 2018 | 13510000000.00 |
| Dec 2018 | 14342000000.00 |
| Mar 2019 | 13466000000.00 |
| Jun 2019 | 14432000000.00 |
| Sep 2019 | 12758000000.00 |
| Dec 2019 | 13144000000.00 |
| Mar 2020 | 10635000000.00 |
| Jun 2020 | 9997000000.00 |
| Sep 2020 | 9881000000.00 |
| Dec 2020 | 11235000000.00 |
| Mar 2021 | 11887000000.00 |
| Jun 2021 | 12889000000.00 |
| Sep 2021 | 12397000000.00 |
| Dec 2021 | 13798000000.00 |
| Mar 2022 | 13589000000.00 |
| Jun 2022 | 14247000000.00 |
| Sep 2022 | 14994000000.00 |
| Dec 2022 | 16597000000.00 |
| Mar 2023 | 15862000000.00 |
| Jun 2023 | 17318000000.00 |
| Sep 2023 | 16810000000.00 |
| Dec 2023 | 17070000000.00 |
| Mar 2024 | 15799000000.00 |
| Jun 2024 | 16689000000.00 |
| Sep 2024 | 16106000000.00 |
2023
Caterpillar's annual revenue was $67.06B in fiscal year 2023.
Caterpillar's quarterly revenue was $15.86B(Q1: Mar 2023), $17.32B(Q2: Jun 2023), $16.81B(Q3: Sep 2023), $17.07B(Q4: Dec 2023) in fiscal year 2023.
2022
Caterpillar's annual revenue was $59.43B in fiscal year 2023.
Caterpillar's quarterly revenue was $13.59B(Q1: Mar 2022), $14.25B(Q2: Jun 2022), $14.99B(Q3: Sep 2022), $16.60B(Q4: Dec 2022) in fiscal year 2022.
2021
Caterpillar's annual revenue was $50.97B in fiscal year 2023.
Caterpillar's quarterly revenue was $11.89B(Q1: Mar 2021), $12.89B(Q2: Jun 2021), $12.40B(Q3: Sep 2021), $13.80B(Q4: Dec 2021) in fiscal year 2021.
2020
Caterpillar's annual revenue was $41.75B in fiscal year 2023.
Caterpillar's quarterly revenue was $10.64B(Q1: Mar 2020), $10.00B(Q2: Jun 2020), $9.88B(Q3: Sep 2020), $11.24B(Q4: Dec 2020) in fiscal year 2020.
2019
Caterpillar's annual revenue was $53.80B in fiscal year 2023.
Caterpillar's quarterly revenue was $13.47B(Q1: Mar 2019), $14.43B(Q2: Jun 2019), $12.76B(Q3: Sep 2019), $13.14B(Q4: Dec 2019) in fiscal year 2019.
2018
Caterpillar's annual revenue was $54.72B in fiscal year 2023.
Caterpillar's quarterly revenue was $12.86B(Q1: Mar 2018), $14.01B(Q2: Jun 2018), $13.51B(Q3: Sep 2018), $14.34B(Q4: Dec 2018) in fiscal year 2018.
2017
Caterpillar's annual revenue was $45.46B in fiscal year 2023.
Caterpillar's quarterly revenue was $9.82B(Q1: Mar 2017), $11.33B(Q2: Jun 2017), $11.41B(Q3: Sep 2017), $12.90B(Q4: Dec 2017) in fiscal year 2017.
2016
Caterpillar's annual revenue was $38.54B in fiscal year 2023.
Caterpillar's quarterly revenue was $9.46B(Q1: Mar 2016), $10.34B(Q2: Jun 2016), $9.16B(Q3: Sep 2016), $9.57B(Q4: Dec 2016) in fiscal year 2016.
2015
Caterpillar's annual revenue was $47.01B in fiscal year 2023.
Caterpillar's quarterly revenue was $12.70B(Q1: Mar 2015), $12.32B(Q2: Jun 2015), $10.96B(Q3: Sep 2015), $11.03B(Q4: Dec 2015) in fiscal year 2015.
| 2014 | 0 |
|---|---|
| 2015 | -14.81 |
| 2016 | -18.03 |
| 2017 | +17.97 |
| 2018 | +20.37 |
| 2019 | -1.68 |
| 2020 | -22.40 |
| 2021 | +22.09 |
| 2022 | +16.59 |
| 2023 | +12.84 |
| Q1: Mar 15 | -4.07 |
|---|---|
| Q2: Jun 15 | -12.95 |
| Q3: Sep 15 | -19.09 |
| Q4: Dec 15 | -22.56 |
| Q1: Mar 16 | -25.52 |
| Q2: Jun 16 | -16.03 |
| Q3: Sep 16 | -16.44 |
| Q4: Dec 16 | -13.20 |
| Q1: Mar 17 | 3.82 |
| Q2: Jun 17 | 9.56 |
| Q3: Sep 17 | 24.60 |
| Q4: Dec 17 | 34.70 |
| Q1: Mar 18 | 30.92 |
| Q2: Jun 18 | 23.65 |
| Q3: Sep 18 | 18.37 |
| Q4: Dec 18 | 11.21 |
| Q1: Mar 19 | 4.72 |
| Q2: Jun 19 | 3.00 |
| Q3: Sep 19 | -5.57 |
| Q4: Dec 19 | -8.35 |
| Q1: Mar 20 | -21.02 |
| Q2: Jun 20 | -30.73 |
| Q3: Sep 20 | -22.55 |
| Q4: Dec 20 | -14.52 |
| Q1: Mar 21 | 11.77 |
| Q2: Jun 21 | 28.93 |
| Q3: Sep 21 | 25.46 |
| Q4: Dec 21 | 22.81 |
| Q1: Mar 22 | 14.32 |
| Q2: Jun 22 | 10.54 |
| Q3: Sep 22 | 20.95 |
| Q4: Dec 22 | 20.29 |
| Q1: Mar 23 | 16.73 |
| Q2: Jun 23 | 21.56 |
| Q3: Sep 23 | 12.11 |
| Q4: Dec 23 | 2.85 |
| Q1: Mar 24 | -0.40 |
| Q2: Jun 24 | -3.63 |
| Q3: Sep 24 | -4.19 |
2023
Caterpillar’s annual revenue increased +12.84% during fiscal year 2023 compared to 2022. It represents a growth of $7.63B from $59.43B (in 2022) to $67.06B (in 2023).
2022
Caterpillar’s annual revenue increased +16.59% during fiscal year 2022 compared to 2021. It represents a growth of $8.46B from $50.97B (in 2021) to $59.43B (in 2022).
2021
Caterpillar’s annual revenue increased +22.09% during fiscal year 2021 compared to 2020. It represents a growth of $9.22B from $41.75B (in 2020) to $50.97B (in 2021).
2020
Caterpillar’s annual revenue decreased -22.40% during fiscal year 2020 compared to 2019. It represents a decline of -$12.05B from $53.80B (in 2019) to $41.75B (in 2020).
2019
Caterpillar’s annual revenue decreased -1.68% during fiscal year 2019 compared to 2018. It represents a decline of -$922.00M from $54.72B (in 2018) to $53.80B (in 2019).
2018
Caterpillar’s annual revenue increased +20.37% during fiscal year 2018 compared to 2017. It represents a growth of $9.26B from $45.46B (in 2017) to $54.72B (in 2018).
2017
Caterpillar’s annual revenue increased +17.97% during fiscal year 2017 compared to 2016. It represents a growth of $6.93B from $38.54B (in 2016) to $45.46B (in 2017).
2016
Caterpillar’s annual revenue decreased -18.03% during fiscal year 2016 compared to 2015. It represents a decline of -$8.47B from $47.01B (in 2015) to $38.54B (in 2016).
2015
Caterpillar’s annual revenue decreased -14.81% during fiscal year 2015 compared to 2014. It represents a decline of -$8.17B from $55.18B (in 2014) to $47.01B (in 2015).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2023 | $67.06B | +12.84% |
| 2022 | $59.43B | +16.59% |
| 2021 | $50.97B | +22.09% |
| 2020 | $41.75B | -22.40% |
| 2019 | $53.80B | -1.68% |
| 2018 | $54.72B | +20.37% |
| 2017 | $45.46B | +17.97% |
| 2016 | $38.54B | -18.03% |
| 2015 | $47.01B | -14.81% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q3: Sep 24 | $16.11B | -4.19% |
| Q2: Jun 24 | $16.69B | -3.63% |
| Q1: Mar 24 | $15.80B | -0.40% |
| Q4: Dec 23 | $17.07B | 2.85% |
| Q3: Sep 23 | $16.81B | 12.11% |
| Q2: Jun 23 | $17.32B | 21.56% |
| Q1: Mar 23 | $15.86B | 16.73% |
| Q4: Dec 22 | $16.60B | 20.29% |
| Q3: Sep 22 | $14.99B | 20.95% |
| Q2: Jun 22 | $14.25B | 10.54% |
| Q1: Mar 22 | $13.59B | 14.32% |
| Q4: Dec 21 | $13.80B | 22.81% |
| Q3: Sep 21 | $12.40B | 25.46% |
| Q2: Jun 21 | $12.89B | 28.93% |
| Q1: Mar 21 | $11.89B | 11.77% |
| Q4: Dec 20 | $11.24B | -14.52% |
| Q3: Sep 20 | $9.88B | -22.55% |
| Q2: Jun 20 | $10.00B | -30.73% |
| Q1: Mar 20 | $10.64B | -21.02% |
| Q4: Dec 19 | $13.14B | -8.35% |
| Q3: Sep 19 | $12.76B | -5.57% |
| Q2: Jun 19 | $14.43B | 3.00% |
| Q1: Mar 19 | $13.47B | 4.72% |
| Q4: Dec 18 | $14.34B | 11.21% |
| Q3: Sep 18 | $13.51B | 18.37% |
| Q2: Jun 18 | $14.01B | 23.65% |
| Q1: Mar 18 | $12.86B | 30.92% |
| Q4: Dec 17 | $12.90B | 34.70% |
| Q3: Sep 17 | $11.41B | 24.60% |
| Q2: Jun 17 | $11.33B | 9.56% |
| Q1: Mar 17 | $9.82B | 3.82% |
| Q4: Dec 16 | $9.57B | -13.20% |
| Q3: Sep 16 | $9.16B | -16.44% |
| Q2: Jun 16 | $10.34B | -16.03% |
| Q1: Mar 16 | $9.46B | -25.52% |
| Q4: Dec 15 | $11.03B | -22.56% |
| Q3: Sep 15 | $10.96B | -19.09% |
| Q2: Jun 15 | $12.32B | -12.95% |
| Q1: Mar 15 | $12.70B | -4.07% |
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